California Certified Public Accountants Available to Discuss Advanced Child Tax Credits for Eligible Americans

BURLINGAME, CA / AGILITYPR.NEWS / July 21, 2021 / MEDIA ADVISORY

The US Internal Revenue Service (IRS) announced today multilingual resources to help families see if they qualify for advance child tax credit payments. One of the tools is specifically designed to reach Spanish-language version of its Child Tax Credit Eligibility Assistant.

Certified Public Accountant “CPA” with the California Society of CPAs are available to discuss multilingual resources to help Americans qualify for advance child tax credit payments as well as discuss other issues or questions related to the child tax credit payments.

The California Society of CPAs is the largest non-profit, state, professional association in the nation representing more than 45,000 CPAs that specialize in tax, accounting, audit, and consulting services such as personal finance and wealth management. CalCPA has been a professional association for more than 100 years in California.

CPAs are also prepared to talk about other personal finance, tax, family law or small business topics/issues/questions for your audience of your media outlet.

Background:

In June, a UCLA study found that Latinos in California have suffered COVID-19 case rates roughly three times that of whites across all age groups and advanced child tax credit payments can help all eligible Americans during these turbulent times. Latinos in California are now the largest ethnic group with more than 38% of the state's population.

CalCPA CPA members are helping families determine whether they qualify for the child tax credit and the special monthly advance payments of the credit. By answering a series of questions about themselves and their family members, a parent or other family member can quickly determine whether they qualify for the credit.

To help people understand and receive advance payments of the child tax credit, the IRS has developed materials in several languages.

All tools are posted on the Advance Child Tax Credit 2021 page on IRS.gov.

Multilingual resources available on the 2021 Child Tax Credit and Advance Child Tax Credit Payments: Resources and Guidance page include:

• A step-by-step guide to using the Non-filer Sign-up Tool in Spanish, Chinese Simplified, Korean, Vietnamese, Haitian Creole and Russian. 
• A basic YouTube video on the Advance Child Tax Credit in Spanish and Chinese, as well as English.
• Several e-posters in various languages.

The IRS has other tax-related tools and resources available in various languages, including information about IRS Free File in seven languages for people who may still need to file a 2020 tax return 

Non-filer Sign-Up Tool 

The online Non-filer Sign-up Tool helps eligible families who don't normally file tax returns register for the monthly advance child tax credit payments. It offers a free and easy way for eligible people who don't normally have to file taxes to provide the IRS the basic information needed – name, address, and Social Security numbers – to figure and issue Advance Child Tax Credit Payments.

This tool also helps eligible individuals who don't normally file tax returns register for the $1,400 third round of Economic Impact Payments, also known as stimulus checks, and claim the recovery rebate credit for any amount of the first two rounds of Economic Impact Payments they may have missed.

Beware of scams 

The IRS urges everyone to be on the lookout for scams related to both Advance Child Tax Credit Payments and Economic Impact Payments. Scammers often target non-English speakers and underserved communities. The IRS reminds all taxpayers that the only way to get either of these benefits is by filing a tax return with the IRS or registering online through the Non-filer Sign-up Tool on IRS.gov. Any other option is a scam.

People should watch out for scams using email, phone calls or texts related to the payments. The IRS never sends unsolicited electronic communications asking anyone to open attachments or visit a non-governmental web site.

CalCPA has created a free resource center to help the public with COVID-19 issues such as tax and personal finance at its COVID-19 Resource Center.

To arrange an interview with a CPA to discuss the Child Tax Credit and other issues of importance to your audience - please call (917) 587-3708 or email dcolgren@colcomgroup.com.